Adhiraj Saxena
Senior Lead, Business Technology Incubation, Singapore IMDA
IMDA
Adhiraj is from the Singapore Government’s IMDA agency. He is the senior lead for its PET unit. As member of the PET Summit’s board, he helped bring the inaugural Asia Pacific PET Summit to Singapore in 2022. He sits in OECD’s PET Experts Workgroup to advice the G7 strategy on trusted data flow and AI safety. He has a background in data science and product development.
- Measuring uncertainty in models
- Exploring the uses of scenario expansion, forecasting, and further stress testing to validate models
- The evolution of climate risk – how it’s going to revise validation techniques
- Managing the actions of model validation findings
Validation
Moderator
Mehdi Esmail
Cofounder and Chief Product Officer
ValidMind
Mehdi Esmail is the Co-founder and Chief Product Officer at Validmind, a VC-backed startup focused on simplifying Model Risk Management for Financial Services. He has over a decade of experience in data, analytics, and risk management for the Financial Services industry, having served as both an operator working with the Chief Data Officer at American Express, and as a consultant for Fortune 100 Financial Services companies.
Speakers
Sebastian Ptasznik
Head of IFRS9 and Non-credit Risk Validation
Close Brothers
Sebastian in the Head of IFRS9 and Non-Credit Risk Validation at Close Brothers at Close brothers Group. He is an experienced leader with over 14 years of experience in quantitative analytics working with tier 1 banks (Barclays, HSBC, NatWest, Lloyds, Westpac,), leading advisory and technology companies (Palantir Technologies, Accenture). He has a proven track record of delivering complex analytical projects while working across multiple locations (London, NYC, Sydney, Singapore, San Francisco, Toulouse, Warsaw) with geographically dispersed teams. He has an academic background in econometrics/statistics and specialises in credit risk modelling, model risk management, machine learning/artificial intelligence, management consulting, and business development. He has a strong grasp of emerging technologies and state-of-the-art modelling methodologies.
Manuele Iorio
Head of Model Risk Measurement and Quantification
Barclays
Dimitrios has 15 years of Banking experience in various Quantitative Modelling roles, most recently as the Head of Model Risk Measurement at Barclays, where he focuses on developing approaches to assess model uncertainty for the key risk metrics of the Bank. Prior to that, he worked at Deutsche Bank where he led various teams within Counterparty and Market Risk model development and then within Model Risk Management, incl. Model Validation, Framework design and Technology for model testing platforms. He holds an MSc and BSc in Finance from The London School of Economics and the University of Macedonia, Greece respectively.
William Durham
Head of Risk Methodology
Bank of England
Ratul Banerjee
Head of Model Validation
OSB
- Managing governance and risk concerns against efficiency targets
- Ensuring that frameworks are in place in line with PRA requirements
- Does the MRM team structure need to change to optimise performance?
Governing – Governance
Speaker
Ushnish Banerjee
EMEA QAG Vice President
Morgan Stanley
Ushnish is an experienced model risk practitioner with more than 10 years of experience across Banks (Morgan Stanley and HSBC) as well as consulting firms (Ernst and Young and KPMG). Ushnish has accrued skills and experience across credit risk (IRB/IFRS9/CECL), traded credit risk (IMM/CVA/IRC) and stress testing models across all three lines of defence. Ushnish has prior experience in conducting learning courses for risk.net.
- Are banks structurally prepared for the increased use of AI – are the right frameworks in place?
- Preparing the Board to effectively implement Model Risk Governance according to regulatory changes
- Defining and setting an MRM risk appetite
- Identifying and recruiting relevant talent
Governing – Governance
Speaker
Tanveer Bhatti
Head of Model Risk Management
Revolut
Tanveer is a risk manager, chartered accountant, and physicist by training. His career spans senior roles on both the sell-side and buy-side in investment banks, private banking, and asset management in London and New York. He has covered all types of financial and non-financial risks. A hallmark of his approach is a combination of analytical rigour and practical relevance.
Tanveer's interest in risk and finance is focused on the practical impact of new technologies, markets, electronic trading, modelling approaches, and data, and their ability to enable products, services, and new business models that are emerging or did not exist, or drive societal advancement. He is currently Global Head of Model Risk for a fast growing Fintech.
- CP6/22 differences for small vs medium vs large banks
- Cost-effective validation best practices and lessons learned for smaller banks
- Governance practices each size of bank can learn from one other
Regulation
Moderator
Suresh Sankaran
Head of Model Risk Governance
Metro Bank
Suresh Sankaran is the Head of Model Risk, Validation, & Governance at Metro Bank, where he oversees all aspects of model risk and other risk-related governance. He advises on factors that senior management and Board should collectively consider when overseeing the bank’s model governance and risk management framework and policies. He is responsible for the independent validation of all bank models and is also accountable for regulatory liaison on all matters relating to model risk.
Suresh has over 30 years’ experience in the realm of strategic consulting, compliance, audit, and risk management. He has held leadership roles managing several facets of risk management, most notably credit, liquidity, and balance sheet management.
Suresh has advised banks, governments, and other financial services organisations on all facets of risk management, and has acted as a second pair of eyes to assure the soundness and financial sustainability of client portfolios.
Suresh is a ranking Chartered Accountant, and holds a Bachelor’s degree in Finance & Accountancy. He has diverse interests including Indian Classical Music, Skydiving, P G Wodehouse, and Pink Floyd.
Speakers
Dmitry Lobaskin
Global Head of Risk Model Validation and Head of EMEA Model Risk
Nomura
Having over 15 years of experience in validation of pricing and risk models. Holding PhD in Theoretical Physics.
Andrew Mackay
Director of Model Risk
Deutsche Bank
Maurizio Garro
Model Risk Manager Quantitative Research
Lloyds
Shauna Lawlor
Head of Model Risk Governance
Santander
Regulation
Speakers
Suzette Manso
Model Risk Governance Manager
Metro Bank
Suzette Manso is a Model Risk Governance Manager at Metro Bank where she manages model risk and other risk-related governance including the oversight of all internal model risk related policies, standards and framework. Suzette also oversees the model risk appetite reporting and the formulation of the bank’s risk-based tiering approach for models to identify and manage model risk in Metro Bank in line with regulatory requirements.
Prior to joining the Model risk department, Suzette, acquired extensive experience working with the on boarding of business and commercial clients and their subsequent account management within the Operations department in Metro Bank.
Suzette has Master’s and Bachelor’s degrees in Business studies with growing interest and passion for risk management and regulatory compliance
- Lessons learned from SR11/7 – analysis of Model Risk in the US over the last decade
- Determining regulatory expectations and the increase of standards for UK banks
- Overcoming misinterpretations and preparing effectively
- International regulation streamlining: navigating governance across multiple regulatory jurisdictions
Regulation
Moderator
Julian Philips
Global Head of Model Risk Audit
HSBC
Speakers
Konstantina Armata
Senior Modelling Expert, Former Group Head of Model Risk Management at Barclays
Konstantina is a highly experienced Financial Risk professional with over 20 years career in Banking in various Quantitative Modelling roles, most recently as the Group Head of Model Risk Management at Barclays. Prior to that, she worked at Deutsche Bank where she built and led the Bank’s Model Risk Management function and before that at UBS in various quantitative roles in both the Front Office and Risk. Konstantina has extensive experience in developing Model Risk Management frameworks including methodologies to assess and quantify Model Uncertainties and their impact on the output of the framework they are used for (e.g. Capital in stress, IFRS9 etc). Konstantina’s most recent work involves Climate Transition modelling. She holds a PhD in Mathematics from Imperial College, London and an MSc and BSc in Mathematics from ENSIMAG, Grenoble, France and the University of Patras, Greece respectively.
Suresh Sankaran
Head of Model Risk Governance
Metro Bank
Suresh Sankaran is the Head of Model Risk, Validation, & Governance at Metro Bank, where he oversees all aspects of model risk and other risk-related governance. He advises on factors that senior management and Board should collectively consider when overseeing the bank’s model governance and risk management framework and policies. He is responsible for the independent validation of all bank models and is also accountable for regulatory liaison on all matters relating to model risk.
Suresh has over 30 years’ experience in the realm of strategic consulting, compliance, audit, and risk management. He has held leadership roles managing several facets of risk management, most notably credit, liquidity, and balance sheet management.
Suresh has advised banks, governments, and other financial services organisations on all facets of risk management, and has acted as a second pair of eyes to assure the soundness and financial sustainability of client portfolios.
Suresh is a ranking Chartered Accountant, and holds a Bachelor’s degree in Finance & Accountancy. He has diverse interests including Indian Classical Music, Skydiving, P G Wodehouse, and Pink Floyd.
Katie Hill
Head of Model Validation
Hampshire Trust Bank
In the keynote the PRA will:
- Share their objectives for MRM
- Elaborate on the rationale for proposing broad and overarching expectations for MRM
- Discuss the proposed plan to support raising the standards of MRM in general
Regulation
Speaker
Diederick Potgieter
Risk Specialist
PRA Bank of England
Diederick is a senior technical specialist in capital management at the Prudential Regulation Authority (PRA), Bank of England.
His role, as part of the Supervisory Risk Specialists at the PRA, is to provide technical expertise and support to the supervision of UK regulated banks through risk & capital adequacy assessments (ICAAPs/SREPs), the Bank’s financial stability objective through the modelling & analysis of stress test results in the Bank’s annual stress test programme, and support to the further development & enhancement of prudential policy.
He holds a Ph.D. in Mathematical Statistics and his specialties include credit risk, operational risk, concentration risk, model risk management, capital management practices, stress testing and economic capital frameworks. Before joining the FSA/PRA in 2011 he was Director of Capital Modelling at Barclays bank.